ivyhesse

About Ivy Hesse

Ivy is the Founder of Synercate Advisory Ltd, an Investment Performance Consulting and GIPS® Verification firm in Ghana. She is an experienced finance and investment professional and a passionate advocate for improving the investment industry across Africa. She worked with leading financial services firms such as the Databank Group and SEM International Associates before establishing my firm and has been at the forefront of championing the formal adoption of the GIPS® Standards in Ghana over the past three years. She is a CFA Charter Holder and CIPM Certificate Holder and serves as an Independent Pension Trustee on seven Pension and Provident Fund Trust Boards in Ghana.

#21 High Watermark Full Definition This term is defined in the GIPS 2020 Exposure Draft as “Last highest net asset value that a POOLED FUND or SEGREGATED ACCOUNT MUST exceed in order for the investment manager to be entitled to a PERFORMANCE-BASED FEE.” Key Points about This Term This term is new in the Global [...]

#21 GIPS Report Full Definition This term is defined in the GIPS 2020 Exposure Draft as “Includes both GIPS COMPOSITE REPORTS and GIPS POOLED FUND REPORTS. ” Key Points about This Term This term is new in the Global Investment Performance Standards (GIPS) vocabulary. It replaces the term 'compliant presentation' in the GIPS vocabulary. [...]

#20 GIPS Pooled Fund Report Full Definition This term is defined in the GIPS 2020 Exposure Draft as “A presentation for a POOLED FUND that contains all the information REQUIRED by the GIPS standards and may also include RECOMMENDED information or SUPPLEMENTAL INFORMATION. ” Key Points about This Term This term is new in the Global [...]

#19 GIPS Composite Report Full Definition This term is defined in the GIPS 2020 Exposure Draft as “A presentation for a COMPOSITE that contains all the information REQUIRED by the GIPS standards and may also include RECOMMENDED information or SUPPLEMENTAL INFORMATION.” Key Points about This Term This term is new in the Global Investment Performance Standards [...]

#18 GIPS Compliance Notification Form Full Definition This term is defined in the GIPS 2020 Exposure Draft as “The form required to be filed with CFA Institute to notify CFA Institute that the FIRM claims compliance with the GIPS standards.” Key Points about This Term This term is new in the Global Investment Performance Standards [...]

#17 GIPS Asset Owner Report Full Definition This term is defined in the GIPS 2020 Exposure Draft as “An ASSET OWNER’S presentation for a TOTAL FUND or COMPOSITE that contains all the information REQUIRED by the GIPS standards and may also include RECOMMENDED information or SUPPLEMENTAL INFORMATION. ” Key Points about This Term This term is new [...]

#16 GIPS Advertisement Full Definition This term is defined in the GIPS 2020 Exposure Draft as “An advertisement by a GIPS-compliant FIRM or ASSET OWNER that adheres to the REQUIREMENTS of the GIPS Advertising Guidelines. ” Key Points about This Term This term is new in the Global Investment Performance Standards (GIPS) vocabulary. It comes [...]

Overview The Firm Composite Time-Weighted Return Report is the fourth section of the Global Investment Performance Standards (GIPS) 2020 Exposure Draft. Its focus is on Firms that use the Time-Weighted Return methodology to prepare compliant presentations for Composites. This section combines the Disclosure, Presentation and Reporting sections for both traditional asset classes and alternative asset [...]

#15 Full Gross-of-Fees Return Full Definition This term is defined in the GIPS 2020 Exposure Draft as “For an ASSET OWNER, the return on investments that reflects the deduction of only TRANSACTION COSTS. ” Key Points about This Term This term is new in the Global Investment Performance Standards (GIPS) vocabulary. It comes along [...]

#14 Fixed Life Full Definition This term is defined in the GIPS 2020 Exposure Draft as “Having a pre-determined, finite investment time horizon. ” Key Points about This Term This term is not exactly new in the Global Investment Performance Standards (GIPS) vocabulary. It has been in the Private Equity provisions of the [...]